AUD/JPY – 30M – SELL

Furthermore a ‘Double top chart pattern’ chart layout is existing. The chart shows ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.

The pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the ascending trendline downwards

A bearish descent down to the next support at 104.617 will persist.

Caution: A possible change in the direction of resistance at 105.089 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

105.089 – 105.273 – 104.835 – 104.617 – 104.459 – 104.458 —
104.83500 – 104.72500 —
38.771001670928 – 39.384579195033 —
– —
105.08900 – 1767583800

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows – Double top chart pattern – – – – – – – –